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Legislative Assembly for the ACT: 2000 Week 2 Hansard (2 March) . . Page.. 530 ..


MR SPEAKER: Do you have a supplementary question, Mr Hargreaves?

MR HARGREAVES: Yes, Mr Speaker. Given that these companies are still in a negotiation state, what would be the impact of a merger on any investment the companies may have made or are committed to making in TransAct?

MR HUMPHRIES: Anything which has been agreed to already will be, obviously, honoured in the process of a joint venture proceeding or a partnership proceeding between AGL and ACTEW. I am advised that, in fact, a contract has been signed between TVG and ACTEW for venture capital with respect to the TransAct project and that there are still dealings with other potential parties to that. Those arrangements will be slotted into whatever arrangements are entered into on a larger scale between ACTEW and AGL. One does not distort, disrupt or preclude the other.

Mr Speaker, on the subject of ACTEW, I want just partly to answer a question that was asked before about ACTEW. Mr Quinlan asked me before about assertions 12 months ago from Mr Mackay - in fact, he called them scare tactics or something like that - about staff losses if we did not proceed with the sale of ACTEW. At the time Mr Mackay made those statements ACTEW had 1,100 employees. Today it has slightly over 900 employees. If Mr Mackay warned about job losses in ACTEW at that stage, he was clearly quite right in doing so.

Bruce Stadium - Redevelopment

MR OSBORNE: My question is to the Chief Minister and it has come about in response to Mr Rugendyke's rather long one. Chief Minister, you may have to take this question on notice, but could you find out whether anyone involved in the redevelopment of Bruce Stadium had any meetings with any sections of the media prior to the redevelopment? If so, could you let us know when they met and, if any minutes were taken, could you table those minutes?

MS CARNELL: I am more than happy to take that question on notice; but, if you remember, a very large number of papers have already been tabled in this place and they could easily be in those, so you could look.

Bruce Stadium - Redevelopment

MR WOOD: Mr Speaker, my question is to the Chief Minister. I know that she will provide details later, if that is required. Chief Minister, have all bills for the redevelopment of Bruce Stadium now been paid by the Government? Were all those bills covered by the supplementary appropriation that the Government sought from the Assembly last year to fix its illegal expenditure on the project?

Ms Carnell: Mr Speaker, questions are not supposed to have any imputations and I would like it to be - - -

MR SPEAKER: Chief Minister, to be fair, I do not think that there was an imputation.

Ms Carnell: He said that the transactions were illegal, Mr Speaker. We dispute that.


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